Property summary
This exceptional 2.82-acre commercial land parcel presents a remarkable investment opportunity in Wyoming, Michigan. Strategically located at 5640 Wilson Ave SW, 49418, this property boasts a highly desirable Commercial zoning (202 Commercial Vacant), making it ideal for a wide range of development projects. The site enjoys excellent visibility and accessibility, situated along Wilson Avenue near the intersection of 56th Street, providing convenient access to M-6. Its prime location is further enhanced by its proximity to thriving residential communities. The property sits directly across from Del Mar Condominiums and in front of The Springs at The Reserve, a new 300-unit apartment complex. Nearby, additional residential developments such as Granger's Reserve Flats (138 units), The Haven (192 units), and the upcoming Wilson Crossing (300+ units) promise a substantial and growing residential population base. This presents a unique chance to capitalize on the area's rapid expansion and serve the needs of this burgeoning community. The area already features established businesses including Hulst Jepsen Physical Therapy, VIP Nails, and Heartland Home Mortgage, indicating a strong and diverse commercial presence. This property offers exceptional potential for developers seeking to establish a new commercial venture in a high-growth area of West Michigan. Access to the development is available from both 56th and Wilson Avenue. The asking price for this exceptional property is $1,500,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B2 · Wyoming, MIZoning
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Zoning designation
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